1175 Main St Riverhead, NY 11901

This exceptional Riverhead, NY industrial property boasts 5,614 square feet on a 0.91-acre lot, offering significant upside potential for investors, developers, and end-users. The property, located at 1175 W Main St, enjoys prime visibility with excellent signage and 223 feet of frontage. Its strategic location in the heart of Riverhead places it minutes from Tanger Outlets, Riverhead Raceway, and Splish Splash, ensuring high traffic and exposure. The building features high 16-foot ceilings, two warehouse bays, a dedicated office area, and all-new LED lighting. Ample parking is provided with 58 spaces. The property also includes four skylights, central air conditioning, and a strategically placed curb cut. The strong RFC zoning allows for a variety of uses. Outdoor seating is available, adding to the property's versatility. Previously home to a successful restaurant for over 23 years, the property can be delivered vacant. Annual expenses total $18,755.18, encompassing insurance ($2,843), maintenance and repairs ($250), and property taxes ($15,662.18). The property generates a net operating income of $41,244.82 annually. Nearby businesses include major retailers such as Toyota, Nike, Walmart, Costco, The Home Depot, Target, Lowe's, Marshalls, HomeGoods, Mattress Firm, and IHOP, further highlighting the property's advantageous location.